Seller's Agent in 2024
Mendel Dalfin
Midfield Realty
(410) 498-5408
2 in this area
51 Total Sales
1700 Madison Ave Baltimore, MD 21217
Madison Park NeighborhoodEstimated Value: $960,536
Studio
--
Bath
7,560
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Federal Architecture
- Heating Available
- 3-minute walk to Wilson and Etting Park
About This Home
As of May 2024The property has 6 residential units and one retail space.
No tenants at the moment.
Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement.
Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center.
Multiple income streams: Combined residential and commercial units ensure stable cash flow.
Ample street parking and easy access to transportation routes.
The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art),
presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised
of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and
success, contribute to the vibrant community surrounding this property.
The vacant units provide significant potential for increased revenue through renovation and leasing efforts.
Last Agent to Sell the Property
(410) 498-5408 menachemdalfin@gmail.com Midfield Realty Listed on: 11/13/2023
Last Buyer's Agent
datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 2,962
Parking
- On-Street Parking
Home Design
- 7,560 Sq Ft Home
- Federal Architecture
- Traditional Architecture
- Stone Siding
Utilities
- Heating Available
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Madison Park Historic District Subdivision
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 0314130341 001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2023
Closed on
May 9, 2024
Sold by
Fm Home Loans Llc
Bought by
M & M Multi Management Llc
Seller's Agent
Mendel Dalfin
Midfield Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Views
170
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,536
Purchase Details
Closed on
Jan 9, 2024
Sold by
1700 Madison Ave Llc
Bought by
Fm Home Loans Llc
Purchase Details
Closed on
Nov 19, 2021
Sold by
Urmil Gupta Us Liens Llc 401
Bought by
1700 Madison Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2010
Sold by
Bhabra Gurdial Singh
Bought by
Urmil Gupta
Purchase Details
Closed on
Jun 16, 2008
Sold by
Madison Limited Partnership T
Bought by
Bhabra Gurdial Singh
Purchase Details
Closed on
Feb 6, 2002
Sold by
Gupta Subhash C
Bought by
Madison Limited Partnership The
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M & M Multi Management Llc | $350,000 | Fidelity National Title | |
| M & M Multi Management Llc | $350,000 | Fidelity National Title | |
| Fm Home Loans Llc | $400,000 | None Listed On Document | |
| Fm Home Loans Llc | $400,000 | None Listed On Document | |
| 1700 Madison Llc | $950,000 | -- | |
| 1700 Madison Llc | $950,000 | None Listed On Document | |
| Urmil Gupta | $27,500 | -- | |
| Bhabra Gurdial Singh | $22,324 | -- | |
| Madison Limited Partnership The | $21,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1700 Madison Llc | $665,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $350,000 | -17.6% | $46 / Sq Ft |
| 01/02/2024 01/02/24 | For Sale | $425,000 | 0.0% | $56 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $425,000 | +21.4% | $56 / Sq Ft |
| 11/25/2023 11/25/23 | Off Market | $350,000 | -- | -- |
| 11/13/2023 11/13/23 | For Sale | $425,000 | -- | $56 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,062 | $933,200 | $12,000 | $921,200 |
| 2024 | $16,062 | $683,833 | -- | -- |
| 2023 | $10,205 | $434,467 | $0 | $0 |
| 2022 | $4,368 | $185,100 | $12,000 | $173,100 |
| 2021 | $3,914 | $165,867 | $0 | $0 |
| 2020 | $3,461 | $146,633 | $0 | $0 |
| 2019 | $2,992 | $127,400 | $12,000 | $115,400 |
| 2018 | $2,907 | $123,167 | $0 | $0 |
| 2017 | $2,807 | $118,933 | $0 | $0 |
| 2016 | $1,600 | $114,700 | $0 | $0 |
| 2015 | $1,600 | $114,700 | $0 | $0 |
| 2014 | $1,600 | $114,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mendel Dalfin
-
datacorrect BrightMLS
d
Buyer's Agent in 2024
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: MDBA2105486
APN: 0341-001
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